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RamQuest Software Inc. Awarded TitleTech 2002 Discovery Award

2002.05.17 - Plano, TX - Settlement Services announced today that RamQuest Software was selected as the 2002 TitleTech Discovery Award winner for its PaperlessCloser product suite. The Discovery Award recognizes the developer of the best and most innovative software application for the Title and Settlement Services Industry. RamQuest’s PaperlessCloser has earned distinction in the industry for enabling title professionals to communicate and collaborate with their business partners during title closing process through the Internet.
RamQuest Founder and President, Randall Nelson was on hand to receive the award at Caesers Palace in Las Vegas. “The Discovery Award is a testament to our products, our team, and our company’s dedication and commitment to the Land Title Industry,” said Nelson. “We believe that our position as a leader in this industry has been confirmed by this award, and sends a clear message that RamQuest can meet the objectives of the industry without overwhelming them with technology.”

The Land Title Industry is making great strides in utilizing the latest in technology and improving their business environments. RamQuest’s PaperlessCloser marks a point at which an Internet based Transaction Management System can achieve effective use of technology to improve communication and efficiency without huge adoption and learning curves. PaperlessCloser is tightly integrated with RamQuest’s Complete Closing Enterprise (CCE) Title Production software allowing for seamless and real time updating of information published on the internet with secure access to the closing process for business partners like mortgage companies, realtors, and service providers.

The PaperlessCloser system can be utilized to enter new orders, access status, communicate with each or all business partners in the transaction, submit documents for approval, assign and update status of tasks, and to provide a 24x7 portal into the closing transactions. Title Companies benefit by providing open access to approved parties, cutting down on phone, fax communications, and courier fees. Paperless Closer provides measurable and consistent improvement in communication during the process of closing.

“We have several instances where our customers have been able to increase their business dramatically and at the same time gain efficiencies in execution just by using Paperless Closer,” said Mark McElroy Executive Vice President. “This technology is an example of those rare cases when the right amount of technology, the right time, and being easy enough to learn, all come together to produce a product that has a significant positive impact from day one.”

Complete Closing Enterprise (CCE) is RamQuest’s award winning, Microsoft Windows/SQL based, Title Closing and Escrow Accounting system.

Paperless Closer is RamQuest’s Transaction Management System that fully integrates with Complete Closing Enterprise and WebCloser software.

All RamQuest applications are true 32-bit software products, which can run under Windows 95, 98, 2000, XP or Windows NT. True 32-bit software means that the applications make full use of the capabilities of state-of-the-art Pentium computers to maximize your speed and productivity.

About RamQuest

Headquartered in Plano Texas, RamQuest is currently being utilized for Title Closings in all 50 states. The company was founded in 1991 with the sole purpose of developing complete solutions for the Land Title Industry. RamQuest was recently rated number 1 in Ease of Use, Ease of Learning, Tasks Performed and Overall Worth of Investment by the Title Technology Survey 2000. For more information on RamQuest, visit www.ramquest.com.

Contact:

Mark McElroy, President
Phone: 214.291.1600
Email: mmcelroy@ramquest.com